Big Pharma Puts Big Bets On Cancer Drugs

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For years, leading pharmaceutical companies like Pfizer concentrated their research in the areas of chronic diseases like hypertension. But now with recent advances showing the potential for new anti-cancer drugs, these companies are investing millions of dollars in research and development; Pfizer has around 1,000 researchers working in a facility near San Diego on new cancer treatments. These drugs carry some very high price tags, and their ability to extend life may be quite limited; is this the best way to invest healthcare dollars?

Guests:

Dr. Mace Rothenberg, Director of Clinical Development in Oncology at Pfizer

William Comanor, Professor of Health Services and Professor of Economics at UC Santa Barbara; also Director of the Research Program on Pharmaceutical Economics and Policy at UCLA

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Patt Morrison is a live two-hour public affairs show. The program is known for its innovative discussions of local politics and culture, and for its presentation of national and world news as it affects Southern California.